Gold Investments Market Update - President Obama Inherits Great Challenge Akin to Carter in 1976 and Roosevelt in 1932 |
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Gold and silver both surged some 4% yesterday from oversold levels as the dollar weakened and oil surged. We said some weeks ago that the recent sell off in precious metals was likely to end around election day and believe that this has indeed happened and that gold will resume its secular bull market in the coming weeks. Important elections often see markets reverse course and witness trend reversals and this is one of the most momentous election victories in US history. Gold should rally
Filed under: Fundamental
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